Over-trading is one of the most common trading mistakes many forex traders make. This post will explore over-trading and provide you with some tips to help you overcome this destructive emotional trading problem...
Support and resistance is one of the most widely used concepts in trading. One thing to remember is that support and resistance levels are not exact numbers. Often times you will see a support or resistance level that appears to be broken, but soon after find out the market was just testing it...
The single most important factor in building a smooth equity curve in your trading account is the size of the position you take in your trades...
First, a review of last week’s forecast: – making forecast for EUR/USD for the upcoming month, the majority of experts (around 80%) insisted that the pair would go down at least to the level of 1.1100...
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USDCHF: Having the pair closed lower for second day in a row, more decline is expected in the new week though with caution of correction. On the downside, support lies at the 0.9600 level. A turn below here will open the door for more weakness towards the 0.9550 level and then the 0.9500 level...
There are two big themes in the markets at the moment that seem to be working against each other. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
EUR/USD: We have flipped our short-term bullish view following Thursday’s key reversal day. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105 Against resistance in the 1.1420 are looking for a move lower in range towards targets near 1...
10 June 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 8:00 German Buba President Weidmann Speaks EUR Med. - - Hawkish 9:30 Consumer Inflation Expectations GBP Med. 1...
Pre US Open, Daily Technical Analysis Friday, June 10, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: under pressure. Pivot: 1.1355 Most Likely Scenario: short positions below 1...
AUDUSD. With AUDUSD continuing to hold on to its downside pressure following its price failure on Thursday, further bearishness is expected in the days ahead. On the downside, support resides at the 0.7350 level where a breach will aim at the 0.7300 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, June 10th EUR/USD remains under strong bearish pressure as dollar is strengthening its positions and oil price is taking its corrective moves...
AUDUSD: Temporary Bullish Reversal Can Be Coming To An End; 0.7500 Could Offer More Weakness AUDUSD made five waves down from 0.7836 which is the most important and strong evidence of a bearish trend...
AUD/USD Breaks Through 0.7400 Handle Extending its slide further during European trading session, the AUD/USD pair dropped below 0.7400 handle and has now moved within striking distance of 100-day SMA support. After losing ground on Thursday on the back of weak Chinese CPI report...
EURUSD Held a Trend-Line Off the December Low Just Prior to the US Jobs Report Paul Rosenberg, Market Analyst at www.economiccalendar.com, on USD Last Friday, the non-farm payrolls data smashed expectations and sent the US Dollar 1% lower...
FxWirePro: EUR/JPY Holds Strong Trendline Support at 120.70, Good to Go Short on Close Below EUR/JPY is attempting recovery from new 3-year lows of 120.32 hit on Thursday. Trend is lower. Pair unable to hold gains above the 121 handle as bid tone around the Japanese currency increases...
FxWirePro: EUR/SEK Hits Fresh Weekly High at 9.2768, Faces Strong Resistance at 9.2822 EUR/SEK is currently trading around 9.2707 levels. It made intraday high at 9.2768 and low at 9.2425 levels. Intraday bias remains bullish till the time pair holds key support at 9.2389 marks...
EUR/JPY Back Below 121.00, Remains Vulnerable Thursday's recovery from the vicinity of 120.00 psychological mark seems to have stalled around 121.20 level and the EUR/JPY cross is now trading back below 121.00 handle...
Daily Technical & Trading Outlook USD/JPY Trend Daily Chart Sideways Daily Indicators Falling...
